The tasks of the investor in preparing the sale include performing Vendor Due Diligence [VDD].
A Vendor Initiated Due Diligence gives the real estate vendor an up-to-date and realistic idea of his property. It also demonstrates to the real estate buyer that there is a willingness to provide timely information as well as a willingness to sell.
The VDD items comprise:
- All items in the Investor Due Diligence (IDD)
- Documentation for the Buyer DD (data room)
- Information from the vendor to the buyer.
Further Information
- Real Estate DD in the Transaction-Process | real-estate-due-diligence.ch
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Vendor-initiated due diligence | m-and-a.ch
